Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

17 Properties Found. Showing 1-12
Sort By:
13618 Quiet Glen Ct
Louisville, KY 40299
Under Contract
13618 Quiet Glen Ct Louisville, KY 40299
 
$299,000
Subdivision: Stone Lakes
BEDS
4
BATHS
3
SQ.FT.
1,913
BUILT
2014
ON SITE
68Days
MLS
1509559
This home is a short sale. Will have to close at Agency Title.. the paper work has just started.Great room, first floor master, kitchen and eating area open to the greatroom, formal dining room and...
2819 Winterhaven Rd
Louisville, KY 40220
Under Contract
2819 Winterhaven Rd Louisville, KY 40220
1 of 30
$170,000 ( $20,000 )
Subdivision: Four Seasons
BEDS
3
BATHS
3
SQ.FT.
2,340
BUILT
1984
ON SITE
130Days
MLS
1503795
This is a short sale and subject to third party approval.
2503 Harness Ct
Louisville, KY 40299
2503 Harness Ct Louisville, KY 40299
1 of 9
$159,000
Subdivision: Bluegrass Estates
BEDS
3
BATHS
2
SQ.FT.
1,973
BUILT
1972
ON SITE
49Days
MLS
1511239
Attention handy people looking for an opportunity to reap the rewards of sweat equity. House is in need of repair and updating. Great potential and in an awesome neighborhood . This is a short sale...
4305 Lahnna Dr
Louisville, KY 40216
Under Contract
4305 Lahnna Dr Louisville, KY 40216
1 of 26
$158,000 ( $42,000 )
Subdivision: Cloverleaf Acres
BEDS
3
BATHS
3
SQ.FT.
2,837
BUILT
1958
ON SITE
97Days
MLS
1506866
REDUCED $42,000!! APPROVED SHORT SALE! Agents, please read agent notes. Welcome home to this wonderful brick ranch with three bedrooms and three full baths! This home features formal living room,...
7502 Cove Dr
Louisville, KY 40291
Under Contract
7502 Cove Dr Louisville, KY 40291
1 of 21
$150,000
Subdivision: Cedar Creek
BEDS
3
BATHS
2
SQ.FT.
1,471
BUILT
1973
ON SITE
103Days
MLS
1506441
Investor special, needs TLC, great for a flipper or rehab loan. This three bedroom, 2 bath home is on a pretty street but needs your attention and work to bring it back to a productive life. Bones...
4213 Wooded Way
Louisville, KY 40219
4213 Wooded Way Louisville, KY 40219
 
$120,500
Subdivision: Shady Villa
BEDS
3
BATHS
2
SQ.FT.
1,514
BUILT
1963
ON SITE
26Days
MLS
1513339
******* Short Sale, Ready to Sale!! Short Sale, Ready to Sale!! ******* This nice home sits on a corner lot, with a spacious driveway, nice porch, 3 bedrooms, 2 bathrooms, walkout basement with...
1552 Taylor Ave
Louisville, KY 40213
1552 Taylor Ave Louisville, KY 40213
1 of 3
$103,900 ( $4,000 )
Subdivision: Zachary Taylor
BEDS
2
BATHS
1
SQ.FT.
1,860
BUILT
1949
ON SITE
109Days
MLS
1505808
house is going in a short sale also there is not an AC unit
4300 Blue Sky Ct
Louisville, KY 40216
4300 Blue Sky Ct Louisville, KY 40216
1 of 2
$102,500 ( $11,900 )
Subdivision: Sunshine Meadows
BEDS
3
BATHS
2
SQ.FT.
1,485
BUILT
1959
ON SITE
98Days
MLS
1506733
This is a short sale, subject to Lender approval! 3 bedroom, 2 full bath home on a corner lot and double cul-de-sac? Per seller, hardwood floors are beneath the carpet in the front room, bedrooms,...
63 Clear Creek Rd
Eminence, KY 40019
63 Clear Creek Rd Eminence, KY 40019
1 of 13
$98,900
Subdivision: N/A
BEDS
3
BATHS
1
SQ.FT.
1,000
BUILT
1981
ON SITE
27Days
MLS
1513222
BRICK RANCH, EAT IN KITCHEN, FRONT PORCH, DECK,NICE SIZE LOT , FONT PORCH, DECK AND JUST OUTSIDE OF TOWN PROPERTY IS A SHORT SALE AND IS SUBJECT TO 3RD PARTY APPROVAL. MAY TAKE SEVERAL MONTHS TO...
5619 Bradbury Ave
Louisville, KY 40258
5619 Bradbury Ave Louisville, KY 40258
1 of 5
$89,950
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
825
BUILT
1957
ON SITE
19Days
MLS
1507920
***SHORT SALE*** Take advantage of this great opportunity, 2BR Brick Ranch, 2.5 Car Garage, huge lot, this house is last house located on a ''dead-end'' street, min traffic, conveniently located in...
5406 Chestnutwood Way
Louisville, KY 40272
5406 Chestnutwood Way Louisville, KY 40272
1 of 24
$89,900 ( $12,100 )
Subdivision: Leemont Acres
BEDS
3
BATHS
1
SQ.FT.
1,050
BUILT
1972
ON SITE
106Days
MLS
1505996
Welcome home to Chestnut Woodway located on a quiet cul-de-sac in the Fairdale neighborhood. Three bedroom one bath with new carpet in the bedrooms. includes a separate garage with a storage shed...
3674 Woodruff Ave
Louisville, KY 40215
3674 Woodruff Ave Louisville, KY 40215
1 of 19
$64,900
Subdivision: Jacobs Addition
BEDS
3
BATHS
1
SQ.FT.
1,186
BUILT
1947
ON SITE
72Days
MLS
1508892
Great investment opportunity! Needs updates and TLC. Hardwood flooring, three bedroom one bath with upstairs attic space for an extra bedroom or storage. Needs new A/C window units to update, Sold...
Real Estate Talk

Thursday, September 20, 2018
Who Needs Flood Insurance and How Should They Go About Obtaining It?

Anyone who lives in an area at risk for flooding needs flood insurance: Between 2008 and 2012 the average residential flood claim was more than $38,000. Flood insurance is definitely a good idea to protect yourself and keep you and your finances ...  Read More